Annuario AIFI 2015


The AIFI Yearbook, which is now at its eighteenth edition, intends to be a simple guide on the main features and trends related to the Italian private equity and venture capital activities.
 In 2014, the investment activity in the Italian private equity and venture capital market remained at the same level of the previous year, with a growing contribution of international investors, who showed a renewed interest in the companies of our country. Positive signals also came from divestments, which increased significantly, driven by some major exits, carried out either through trade sales, and through the IPO channel. Finally, the fundraising activity increased both in terms of number of players that realised a closing, and in terms of amount raised, with the foreign sources that returned to prevail for the first time in years.
The Yearbook, after a description of AIFI’s activities, presents the results of the 2014 Italian Private Equity and Venture Capital Industry Survey (realised in cooperation with PricewaterhouseCoopers - Transaction Services), followed by an analysis of the main Tax and Legal Issues.

In addition, the Yearbook contains three different researches: the first one about the aggregate performance (IRR) of the industry in Italy (carried out with KPMG Corporate Finance), the second one about the M&A activity in the U.S. (conducted by Deloitte Financial Advisory Services) and the third one about how private equity players create value in target companies in Italy (conducted by EY Financial Business Advisors).

Copyright Bancaria Editrice 2015 - ISBN: 978-88-449-0526-2




About AIFI

AIFI Organisational Structure

The Italian Private Equity and Venture Capital Industry

Tax and Legal Issues

Statistics on Performance

U.S. M&A Overview

How Do Private Equity Investors Create Value?

AIFI Directory: Full Members

AIFI Directory: Associate Members


Bancaria Editrice
ABIServizi S.p.A.
Via delle Botteghe Oscure, 4 - 00186 Roma
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ABICloud: ISSN 2499-4340